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As a consequence of a 1976 court case that Ralph Nader won against an airline that had "bumped" him, the federal government adopted a rule requiring airlines to compensate people who were denied boarding despite holding a confirmed reservation. As a result, the airlines started to ask for volunteers who were willing to take a later flight whenever a flight turned out to be overbooked. Who benefited from this new regulation? Provide references please.
Qd=160,000-2000P Qs = 40,000+2000P MEC=.0006Qs. Qd is the quantity lots of paper Qs is the quantity supplied and P is the price per lot of paper.
what impact will an unanticipated increase in the money supply have on the real interest rate real output and
suppose that this years money supply is 50 billion nominal gdp is 1 trillion and real gdp is 500 billion.a. what is the
When the average total cost curve is rising, then the marginal cost curve will be?:
Suppose the town of Springfield has three hospitals. Hospital A has a 30% market share, Hospital B has a 35% market share, and Hospital C has a 35% market share. Hospital A and B have proposed a merger. The government argues that the merger would con..
In Kessy's old kitchen, he could bake 10 cookies or mix 15 glasses of lemonade in one day. Now Kessy has a larger oven and refrigerator. How does this impact his production possibility frontier A) It increases his production possibility frontier. B..
a friend of mine came to penn state in the 1970s and told me that sticky buns at the college diner cost .75 75 cents in
determine what fiscal policy measure has a more direct impact to the economy an increase in government spending or an
Sarah has $300 to allocate between movie tickets and opera tickets. The price of each opera ticket is $60, and the price of each movie ticket is $6. Her marginal rate of substitution of opera tickets for movie tickets equals 5, regardless of what mar..
Suppose the current price of gasoline at the pump is $3.89 per gallon and that 1 million gallons are sold per month. A politician proposes to add a 10¢ tax to the price of a gallon of gasoline.
Is there too much or too little smoking? Explain why smoking bans on bars and restaurants do not efficient solve an externality problem.
assume that the low-calorie frozen microwavable food company from assignments 1 and 2 wants to expand and has to make
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